Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1887-11-08
MuTiLATED MONEY.


"orn-Oat Paper Money.
are many mutilated notes presented
Tor redemption" asked reporter ~ !
clerk in the United States Snb- Treasure
on Wall street. Yes, more than the
p"bilc has any idea of, !" he replied; and
tne obliging clerk at once volunteered
70 initiate the reporter into the work.
ings oil the department having charoe
Oh that particular branch The chief
rules regulating the work are AZ fal.
lows:
Paragraph 10 reads: Mutilated United state.
ho'es' goid Certificates and silver certiac,,a.
arc redeenabie by the Treasurer only. al a dis.
.oun' o. zen per cent OF the face value for each
~. :. ,ne original proportion missing in any
pal' " piace' provided NOT less than one ha,f n
the whole note Is presented.
arasraph 49, Fragments less than half and
n"Ies subject 10 discount under uarayraoh "a
are reieeinable at the face value of the rfols
note when accompanied by an AFFIDAVIT Of ths
owner or other persons having knowledge OF the
.acts mat the missing portions have been
totally destroyed.
VI National bank notes it saws:
PARAGRAPH 81. Notes elualling or exceedtn,
taree-nfths Of their original rrn,orfions 80
Of one OF its officers are rsdeemable AZ tbelr IN +,
face value 's'i i''i'
Paragraph 2s. Notes OF which less than tt,yes.
nfths remain, or from which bo,b sfgna,nre,
are lacking. are not redeemed By the Treasures
Out should DC presented for redemption IN Inc
bank Of Issue. " 'A'
More 81, 81 and notes are redeemed
than OF any other denominations Note.
were shown to the reporter that were
scoliowed, torn in half, with corners
missing, holes the size Of silver dol
lar. seemingly taken ont of the center
OF the note, and some 80 thin that mora
handling would reduce them to shreds
Inc silver certificates Of 81 and 81 were
Wei represented, esen though in cir.
culation but year. They were princi.
pally torn; not worn. as in the other
cases. A piece Of glass the exact size
OF note, divided into squares and OBJ
longs, is used to measure the size of the
mutilations. Onc-half of the glass i,
divided into five parts. formed BY lines
cut horizontal with the ends-each OBJ
long being one-tenth Of the glass. The
other half is cut into twenty SQUARES.
each representing one-fortieth of the
glass. This glass, when laid upon a
note, at once reveals the extent of the
mntilation.
The money is received and examined
by special clerk. who. after returning
the proper amount to the person pre-
senting it. turns the note or notes to a
clerk whose duty it is to pack and pre-
pare the same for shipment to Wash.
lngton. A large stack Of bills was be.
Fore the last clerk and he was busy as
sorting them according to their denom-
nations. They are then put into pack
ages of one hundred notes. Then ten
packages are tied together, forming a
bundle containing one thousand bills.
Silver certificates are perforated before
being packed.
The bundles are expressed to Wash.
ington. where the notes are reduced to
a pulp, which, in turn. is nodded into
various shapes and sold to curiosity
hunters.
More than $50. 900. 900 in mutilated
notes are redeemed each year at the
Sub-Treasury. " 7. Commercial Id
reriiser.